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Turtlemint makes it easy to understand and buy insurance. Our intent is to demystify insurance by explaining the jargon in a simple way and providing smart tools to help a user make the right choice. From search to purchase, the entire process can be completed online in just a few clicks! We also have a team of friendly insurance advisors available on chat, phone and in-person to help users with purchase and claim services. We currently offer Car insurance, bike insurance, health insurance & term life insurance
Turtlemint offers a personalized insurance platform that enables users to compare, buy, and renew their insurance policies. It has partnered with major insurance carriers to provide insurance products on its platform. The platform also assists users with the settlement of claims by verifying the relevant information and directly sharing it with insurers.
PRODUCTS & SERVICES
The platform offers a range of insurance products: 1. Car Insurance: Third-party car insurance and zero depreciation car insurance. 2. Bike Insurance Third-party bike insurance and comprehensive bike insurance. 3. Health Insurance: Family health insurance, Mediclaim insurance, maternity health insurance, and senior citizen health insurance. 4. Life Insurance: Term insurance plans along with term insurance premium calculator.
The company charges commission fees from insurance partners.
The company has partnerships with more than 20 insurance players. Some of its partners; Bharat AXA
Turtlemint makes recommendations by evaluating 20 different data points including details on policy, insurers, hospitals, vehicles, garages, and customers.
The company has sold more than 50K policies and processed claims worth INR 15 crores till date. (May 2018)
DATE OF LAST FUNDING
SEED PRIOR FUNDING COMMENT
An undisclosed amount of funding was raised in February 2016.
SERIES A · $6 M · Dec 2018
OTHERS · $25 M · Jan 2019
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